Dollar General I 2024 Build I 47K Population | 13086 Holt Peterson Rd rd
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Dollar General I 2024 Build I 47K Population 13086 Holt Peterson Rd rd
10,640 SF Retail Building Cottondale, AL 35453 $2,150,933 ($202/SF) 6.75% Cap Rate
Investment Highlights
- Brand New 2024 Construction
- 5% Rental Increases Every 5 Years Starting in Year 6
- Corner Location with Combined 8,287 VPD & 47,000 5-Mile Population
- Long Term 15 Years Absolute NNN Lease With Corporate Guarantee
- “Mini Market” Format Prototype – Featuring DG's Larger Store, 10,640 SF, that will Operate as a DG MARKET to Accommodate Explosive Projected Sales
- 7 Miles from The University of Alabama - Alabama’s Largest Public University with 39,623 Enrolled Students - Tuscaloosa Has 110,000 Population
Executive Summary
The ESS Group is pleased to exclusively market for sale a single tenant net leased NNN Dollar General investment in Cottondale, Alabama. 15 years lease with rent commencement in October 2024. Dollar General PLUS that has been upgraded to a DG Market to account for strong projected sales. 5% rental increases every 5 years, including in years 6 and 11 of the base term.
CONTACT US TO INQUIRE ABOUT OUR OFF MARKET INVESTMENTS & ATTRACTIVE LOAN OPTIONS
CONTACT US TO INQUIRE ABOUT OUR OFF MARKET INVESTMENTS & ATTRACTIVE LOAN OPTIONS
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,640 SF
Building Class
C
Year Built
2024
Price
$2,150,933
Price Per SF
$202
Cap Rate
6.75%
NOI
$145,188
Tenancy
Single
Building Height
1 Story
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Dollar General I 2024 Build I 47K Population | 13086 Holt Peterson Rd rd
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